PEZA

Meet our Director General

In September 2016, President Duterte appointed Charito Booc Plaza as the new Director-General of Philippine Economic Zone Authority (PEZA).

From 1986-1998, she represented Agusan del Norte’s First District in the Philippine House of Representatives wherein she was one of the authors of the Republic 7916, or the Special Economic Zones Act of 1995, which created PEZA.

She is also a Commissioned Officer in the Armed Forces of the Philippines (AFP) – Reserve Force, holding the rank Brigadier General.

WHAT IS PEZA?

Philippine Economic Zone Authority (PEZA) promotes the establishment of economic zones in the Philippines for foreign investments. PEZA is also the Philippine government agency tasked to extend assistance, register, grant incentives to and facilitate the business operations of investors in export-oriented manufacturing and service facilities inside selected areas throughout the country proclaimed by the President of the Philippines as PEZA Special Economic Zones.

GET THE PEZA ADVANTAGE:

More Savings

Numerous tax incentives that saves you a lot of money

One-Stop Shop

Efficient registration system all in one office

Corruption-Free

Transparent procedures; no graft and corruption

Less Paperwork

No red-tape and lengthy paperwork procedures

After-Service

A support service even after setting up business

PEZA

FISCAL INCENTIVES

100

EXEMPTION 4-6 YEAR INITIAL INCOME TAX HOLIDAY (depending on the type of enterprise)

Thereafter:

SPECIAL TAX on Gross Income

EXEMPTION FROM ALL NATIONAL AND LOCAL TAXES including local business tax and real property tax

VAT ON LOCAL PURCHASES of goods and services, including power, water, leasing of building, and land-based telecom

EXEMPTION OF PAYMENT from local government permits and fees

TAX AND DUTY FREE IMPORTATION of raw materials, capital equipment, machinery, and parts

NON-PEZA

TAX RATES AND PERMITS

CORPORATE TAX RATE

LOCAL BUSINESS TAX

REAL PROPERTY TAX assessed property value

VAT ON LOCAL PURCHASES of goods and services, including power, water, leasing of building, and land-based telecom

PAYMENTS & FEES on government permits and applications

TAX AND DUTY TARIFFS on import/export of raw materials, capital equipment, machinery, and parts

NON-FISCAL INCENTIVES (PEZA)

SPECIAL NON-IMMIGRANT VISAS WITH MULTIPLE ENTRY PRIVELEGES

For the following non-resident Foreign Nationals in a PEZA-registered Economic Zone Enterprise : Investor/s, officers, and employees in supervisory, technical or advisory position, and their spouses and unmarried children under twenty-one years of age. PEZA extends Visa Facilitation Assistance to foreign nationals their spouses and dependents